Tue, 21-Oct-2025

Turkish consortium bids for operations of Islamabad Airport

Turkish

 

KARACHI: The Turkish consortium, the only bidder to take over the operations of Pakistan’s Islamabad airport.

The opening ceremony of the financial bid was held at the Pakistan Airport Authority headquarters in Karachi, during which the only shortlisted Turkish company participated in the bid.

According to the spokesperson of Pakistan Airport Authority, the company has offered to contribute 47.25 percent of the revenue of Islamabad International Airport.

According to PAA sources, matter will now be referred to the International Finance Corporation (IFC), a member of the World Bank Group, which is advising Islamabad on outsourcing before Pakistan decides whether the bid can go through.

“The details of the financial proposal will … be presented and forwarded to the IFC for further evaluation and submission of final reports,” said Sadiq ur Rehman, the chairperson of the bid evaluation committee and deputy director general of Pakistan Airports Authority.

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Karachi set for intense cold wave starting January 4

Karachi cold wave

Pakistan is experiencing a severe cold wave, with temperatures expected to drop further in Karachi starting January 4. Freezing conditions have gripped many cities, with ongoing snowfall in Skardu and Ghizer now covered in white. In Kalam, lakes and waterfalls have frozen due to the extreme cold. Balochistan has also experienced rainfall, with temperatures plunging … Read more

Samsung boosts fingerprint unlock speed on Galaxy S24 devices

Samsung boosts fingerprint unlock speed on Galaxy S24 devices

Samsung is currently in the public beta testing phase of One UI 7, its latest software skin based on Android 15. The stable version of One UI 7 is set to debut alongside the Galaxy S25 series, expected to be launched on January 22, 2025. Following this, older Samsung devices will receive the update, starting … Read more

Pakistan assumes responsibility as non-permanent membership of UNSC

Pakistan

UNITED NATIONS: The Pakistani national flag was installed in front of the United Nations Security Council chamber, as Pakistan began its eighth term as a non-permanent member (2025-26) of the 15-member body.

As part of the joining ceremony, flags of the five new incoming non-permanent members — Pakistan, along with Denmark, Greece, Panama and Somalia — were installed at UNSC’s stakeout at the UN Headquarters in New York.

The new members replaced Japan, Ecuador, Malta, Mozambique and Switzerland whose terms ended on December 31, 2024.

Pakistan’s Alternate Permanent Representative, Ambassador Asim Iftikhar Ahmad, installed the national flag as part of the impressive ceremony.

In his brief remarks, he said that Pakistan will continue to be guided by the purposes and principles of the UN Charter including maintenance of international peace and security and development of friendly relations among nations based on the principle of equal rights and self-determination.

“Pakistan will always remain a strong voice for peoples under foreign occupation and oppression and for the realization of their right to self-determination,” Ambassador Ahmad said.

Pakistan, he said, was convinced that cooperative multilateralism – with the UN at its core – was the best way of tackling today’s multifaceted challenges.

Pakistan, he said, will partner with fellow members to actively pursue just and peaceful solutions to the issues on the Council’s agenda, and strive to make optimal use of the tools at our disposal – from conflict prevention to peacekeeping to peacebuilding – to achieve durable peace.

Pakistan will preside over the 15-member Council in July when it assumes its presidency according to alphabetical rotation of the member states’ official names. This will allow Islamabad to set the Security Council’s agenda.

In addition to this, Pakistan will get a seat on the Islamic State (ISIS) and Al Qaeda Sanctions Committee, which is responsible for designating individuals and groups as terrorists and imposing sanctions.
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Javeria Saud reveals the unfolding tale of their arranged marriage

Javeria Saud reveals the unfolding tale of their arranged marriage

Javeria Saud and Saud met at a traditional Ghazal event. Saud’s sister asked for Javeria’s contact number, which she shared with Saud’s sister. Javeria shared her plans to visit the USA. Javeria Saud recently joined Aadi Adeal Amjad on “Show Tau Set Hai’, where she shared details about her arranged marriage with Saud. Talking about … Read more

Cement sales in Pakistan drop in December 2024

Cement sales in Pakistan

LAHORE: Local cement dispatches recorded a 4.76% decline in December 2024, standing at 3.37 million tons compared to 3.539 million tons during the same month of the last fiscal year. However, cement exports surged by 49.35%, rising to 783,550 tons from 524,656 tons in the same month last year. According to the All Pakistan Cement … Read more

Apex Committee Meeting of Special Investment Facilitation Council

Apex Committee Meeting of Special Investment Facilitation Council

The 11th Apex Committee Meeting of the Special Investment Facilitation Council (SIFC) was held on January 2, 2025, to review various initiatives under the SIFC forum. Prime Minister Muhammad Shehbaz Sharif chaired the session, which was attended by the Chief of Army Staff, Federal Cabinet members, Provincial Chief Ministers, the Prime Minister of Azad Jammu … Read more

SBP foreign reserves drop by $143 million

State Bank of Pakistan’s foreign reserves increase by $28 million

KARACHI: Pakistan’s liquid foreign reserves were reported at $16,408.7 million as of December 27, 2024, according to data released by the State Bank of Pakistan (SBP) on Thursday. Out of this total, the central bank’s reserves amounted to $11,710.5 million, while commercial banks held net foreign reserves of $4,698.2 million. The SBP’s reserves saw a … Read more

Celebrities steal the show at Yashma Gill’s sister’s Nikah

Celebrities steal the show at Yashma Gill’s sister’s Nikah

Yashma Gill is known for her notable television performances. Recently praised for her portrayal of negative roles in “Habil Aur Qabil”. Celebrated her younger sister’s wedding in an intimate family affair. Yashma Gill, a renowned Pakistani model and actor, has captivated audiences with her notable television performances. She commands a strong Instagram following of 1.5 … Read more